Wow! Solid income producing investment property available on E.15th Avenue near Main Street. Within the Broadway Plan - "Mount Pleasant South Apartment Area B", and Mount Pleasant Station Transit Oriented Development Area (TOA), excellent future development potential when combined with neighbouring properties. Entire Property (+95%) re-built between 2009 & 2010, total of 6 X 1 Bedroom + Den self contained units. Annual Gross income of approx. $135,345 and 3.31% return. The current under-market rents present a great potential for rental upside on the overall income revenue. Great income holding investment with future redevelopment potentials. (36003993)
Property Type
Multi-family
Annual Property Taxes
$9,118.68 (CAD)
Time on REALTOR.ca
30 days
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